Examples of Permitted Title Exceptions in a sentence
Borrower represents and warrants to Lender that it has good title to, has rights in, and the power to transfer each item of the Collateral upon which it purports to grant a security interest hereunder, free and clear of any and all liens except Permitted Title Exceptions, as defined in Exhibit E.
All title matters revealed by the Acquiror's title examination and not objected to by the Acquiror as provided above shall be deemed Permitted Title Exceptions.
Any applicable zoning ordinances, other land use laws and regulations, together with taxes for the current year and those matters, if any, which are waived by Buyer pursuant to this Paragraph 10, shall also be deemed Permitted Title Exceptions.
If Acquiror shall fail to examine title and notify the Contributor of any such title objections by the end of the Study Period, all such title exceptions (other than those rendering title unmarketable and those that are to be paid at Closing as provided above) shall be deemed Permitted Title Exceptions.
None of the Permitted Title Exceptions or Permitted Liens individually or in the aggregate will have a Material Adverse Effect.